Exactly.
All the good news, all the positive drilling indicators, all the derisking, all the technical information shared by our posters in the know, all fades as paper handed holders fret over a few days without news. It's like déjà vu from the previous 'leaky ship' drama.
Who gives a sh!t what the short term share price is.
Anyone who didn't free carrying after last weeks' opportunity at 38c must be a believer in the project, surely. Traders have been in and out as that is what they do.
But if you honestly believe that we have hydrocarbons (gas and condensate), trap and 700m of seal, drilling breaks and 1000s of m of sandy Angwa reservoir, potentially 200 km2 across, with a minimum of 4 prospective horizons showing the right indicators, ... and a different play type, potentially oil rich, in Boabab funded to drill, prior to attacking our other 12 basin targets. If you thought Scott had been unable to hide his glee when announcing the size of IVZs internal numbers 6 months ago, and again in the recent webinars with drilling results. If you believe Scott when he says they could have called a discovery at the 200 horizon if equipment hadn't let them down. If you believe our first ever drill increases the COS of the whole basin. If you believe the fluorescence and mud gas readings we received. If you believe the permeability and porosity numbers of the Angwa sandstone outcrops. And if you believe the indication from the PAC Partners webinar that farm in partners were suddenly all making contact
.... then who gives a fark about the 20, 30 or 40c current share price. If paper handed holders want out then that is their loss.
The trajectory of this stock will be guided from Mukuyu, not the OTC
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